Stockman Slams Trump's "1500-Word Airball" Tax Plan

Authored by David Stockman via The Daily Reckoning,
The Donald’s strong point isn’t his grasp of policy detail.
The nine page bare-bones outline released this week is nothing more than an aspirational air ball that lacks virtually every policy detail needed to assess its impact and to price out its cost.
It promises to shrink the code to three rates (12%, 25%, 35%), for example. But it doesn’t say boo about where the brackets begin and end compared to current law.